# Asian currencies take a breather after volatile week, ringgit steady

> Asian currencies steadied on 15 November after a volatile week, with the ringgit holding firm despite slower third-quarter Malaysian growth that met expectations. The Thai baht and Singapore dollar edged higher while the rupiah stayed near a three-month low. Emerging market assets had been under pressure on fears that proposed US tariffs could slow Fed rate cuts.

- Date: 2024-11-15 · published 2024-11-15T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/27684-asian-currencies-take-a-breather-after-volatile-week-ringgit-steady
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Regional currency stability limits near-term import cost swings for feed buyers, but the tariff-driven risk to trade-reliant Asian economies remains a background concern.

## Read by commodity

- USDMYR: neutral
- USDTHB: neutral

## Sources

- interaksyon.philstar.com: https://interaksyon.philstar.com/business/2024/11/15/287197/asian-currencies-take-a-breather-after-volatile-week-ringgit-steady/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.